FILE PHOTO: Airbnb logo and decreasing stock graph are seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration/File photo
(Reuters) -Shares of Airbnb slumped more than 7% on Thursday after the company forecast slower growth in the second half of the year, disappointing investors of the sector expecting a rebound in travel demand after strong outlooks from major travel firms.
The vacation home rental's gloomy outlook came as setback to the industry, which saw a rebound in consumer sentiment in July, and was expecting budget-conscious Americans to return to vacations despite tariffs and inflation.
